Parochial Global Europe

21st Century Trade Politics

Alasdair R. Young and John Peterson

A timely reminder of the fundamental importance of the EU as a global economic power

Sheds new light on the EU as a global actor

Parochial Global Europe

21st Century Trade Politics

Alasdair R. Young and John Peterson

Description

Europe's trade policies matter in global politics. Despite the recent focus on Brazil, India, and particularly China, the European Union remains the world's largest market and trader. Despite its recent economic troubles, Europe remains in a powerful position to shape how globalization is governed. We know surprisingly little about how its trade policy is actually made, because previous works have focused on individual trade policy decisions to the detriment of the 'big picture' of the Union as a trade power. Parochial Global Europe argues that trade policy is composed of multiple, distinct policies. Each presents a distinctive constellation of mobilized societal preferences, pattern of political institutions, and range of government preferences. The balance of economic power between the EU and its trade partner(s) affects the stakes involved. Together these four factors define trade policy sub-systems, which help explain both the EU's objectives and whether it realizes them. The authors advance this argument by analysing the EU's role in the demise of the Doha Round, its use of anti-dumping and pursuit of market access, the trade effects of its single market programme and efforts at regulatory diplomacy, including the launch of the Transatlantic Trade and Investment Partnership negotiations. Parochial Global Europe thus focuses centrally on modern, 21st century trade policy. It also sheds light on the EU as a global actor by analysing its use of trade policy as a tool of foreign policy from promoting development, to encouraging human rights and environmental protection, to punishing security threats.

Parochial Global Europe

21st Century Trade Politics

Alasdair R. Young and John Peterson

Table of Contents

1. The Importance of the EU to Trade and Trade to the EU2. Analyzing EU Trade Politics: A Policy Sub-Systems Approach3. The Origins and Development of EU Trade Policy4. The Multilateral Trading System: The (False?) Promise of Reciprocity5. Non-Reciprocal Trade Policies: The Sword and the Shield6. Incidental Trade Policy: The Single European Market7. Limited Liberalization Through Regulatory Cooperation8. Trade Policy as Foreign Policy9. Conclusions: 21st Century European Trade PoliticsReferences

Parochial Global Europe

21st Century Trade Politics

Alasdair R. Young and John Peterson

Author Information

Alasdair R. Young, Associate Professor, The Sam Nunn School of International Affairs, Georgia Institute of Technology,John Peterson, Professor of International Politics, University of Edinburgh

Alasdair Young is co-director of the Center for European and Transatlantic Studies. He is vice-chair of the European Union Studies Association (2013-15). Before joining Georgia Tech he taught at the University of Glasgow for 10 years and held research posts at the European University Institute and the University of Sussex. He has written two previous books and edited seven others, including the forthcoming seventh edition of Policy-Making in the European Union, with Mark Pollack and Helen Wallace. He has published and a dozen articles -- including in GlobalEnvironmental Politics, the Journal of Common Market Studies, the Journal of European Public Policy, the Review of International Political Economy, and World Politics -- and written 30 book chapters. He is Associate Professor and Jean Monnet Chair in the Sam Nunn School of International Affairs at the Georgia Institute of Technology.

John Peterson has authored or edited 18 books, including Multilateralism in the 21st Century (2013, with Caroline Bouchard and Nathalie Tocci), The European Commission of the 21st Century (2013, with an international research team), The Institutions of the European Union (2012, with Michael Shackleton) and The European Union: How Does it Work? (with Elizabeth Bomberg and Richard Corbett). He is a former editor of the Journal of Common MarketStudies and previously held posts at the Universities of Glasgow, York, Essex, Oxford, California and the College of Europe, Bruges. He is Professor of International Politics at the University of Edinburgh.